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Property profile & analytics
OFF-MARKET
Office buildings
24285 Red Arrow Hwy Mattawan, MI 49071-7700
Individually Owned
Absentee Owner
Free & Clear
Property ID
US43-2407371
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2017
Total area
10,828 SF
Lot
1.34 ac (58,370 SF)
Zoning code
GC
APN
80-02-002-013-51
UPID
US43-2407371
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mallory Pole Buildings Inc Construction Company General Contractor
-
Midwest Chiropractic and Rehab: Logan Ketchum, DC & Monica Warner, DC Alternative Medicine Practice
-
Logan Marie Ketchum Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Andrew S Mallory
Andrew S Mallory
since 2025
5 recorded transactions
Zoning & alternative use
GC · Mattawan, MI
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mattawan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mattawan submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$173,500
Assessed 2023
Previous assessed
$169,800
+2.2% YoY
Total market value
$347,000
Applied tax rate
80,020.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2017
Heating
NONE
Stories
1
Total area
10,828 SF
Lot
1.34 ac (58,370 SF)
Zoning code
GC
APN
80-02-002-013-51
UPID
US43-2407371
Jurisdiction
VAN BUREN
Zoning & alternative use
GC · Mattawan, MIZoning GC · permitted uses
GC · Mattawan, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public Doc/Reports
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Andrew S Mallory
Individual
Free & Clear · 0 yrs held
Mailing address
8045 WW AVE, SCHOOLCRAFT, MI 49087-9449
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
$355,000
Andrew S Mallory
Stephen A Mallory
Warranty Deed
related
—
Nov 25, 2025
—
Stephen Adam Mallory JR
Stephen A Mallory
Deed
related
—
Feb 25, 2013
—
Stephen Mallory
Joan Plunkett
Warranty Deed
—
Jun 10, 2009
—
Joan I Marner
Jeffrey W Marner SR.
Intrafamily Transfer
related
—
Feb 13, 2008
$300,000
Jeffery Marner
Robert A Delooff
Warranty Deed
$150,000 · Fifth Third Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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